Missouri utility regulator updates increase for Ameren users
JEFFERSON CITY (AP) - The largest electric utility company in Missouri will be able to charge an additional $121.5 million to its customers starting in late May.
The Missouri Public Service Commission Thursday released an updated estimate of the amount Ameren Missouri can charge customers following a rate increase.
Commission staff said the average residential customer will see an increase of $5.45 a month.
The $121.5 million increase is less than half the $264 million Ameren requested in July.
But it's higher than the $108 million estimate provided by staff Wednesday when the commissioners approved the increase.
The updated estimate incorporates other elements of that decision.
The commission also approved a reduced electric rate for a Noranda Aluminum Inc., smelter in southwest Missouri. The company said it needed the rate cut to continue operations there.
(Editor's note: This story has been changed to reflect the accurate date of the change).